Implementing Kaizen, which translates from Japanese to "change for better" or continuous improvement, is a powerful business philosophy focused on making small, ongoing, positive changes involving everyone from the CEO to the front-line staff.
Posts tagged as “waiting time”
This article provides a solid foundation for understanding waste (muda) in production processes. It targets seven primary sources of waste.
Measuring workforce performance is the process of assessing how well a group of employees are performing their jobs.
7Ps of Marketing Mix is also called the extended Marketing Mix. It was first introduced by Bernard H. Booms and Mary J. Bitner in 1981.
Internal diseconomies of scale are diseconomies of scale that occur inside the firm and are within its control.
Business strategies are long-term pattern of decisions (the plans of action) that are taken to achieve the business objectives.